Lockheed F-35’s Operating Cost Estimate to Decline
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The Pentagon will decrease its $1.1 trillion estimate for the cost of supporting Lockheed Martin Corp.’s F-35 fighter jet over a 55-year lifespan, the top U.S. weapons buyer said.
“It will drop to a number that’s not trivial but is not as much” a reduction “as I would like,” Frank Kendall, the Defense Department’s undersecretary for acquisition, said today at a Bloomberg Government breakfast in Washington.